Business Development Manager – Insurance

𝐉𝐎𝐁 𝐒𝐔𝐌𝐌𝐀𝐑𝐘

As a Business Development Manager in the insurance industry, you will be responsible for driving business growth and expanding the client base in Dubai and the UAE region. Your role involves identifying potential clients, building strong relationships, and developing innovative strategies to increase revenue. You will work closely with internal teams to ensure the delivery of tailored insurance solutions that meet market demands. Your expertise in the insurance market and strong networking skills will be essential in achieving the business development goals.

𝐐𝐔𝐀𝐋𝐈𝐅𝐈𝐂𝐀𝐓𝐈𝐎𝐍𝐒, 𝐒𝐊𝐈𝐋𝐋𝐒 & 𝐄𝐗𝐏𝐄𝐑𝐈𝐄𝐍𝐂𝐄:

• Bachelor’s degree in Business Administration, Finance, or a related field; a Master’s degree is a plus.
• Minimum of 6-8 years of experience in business development, sales, or a related role within the insurance industry.
• Excellent communication, negotiation, and presentation skills.
• Proven track record of meeting or exceeding sales targets.
• Ability to work independently and as part of a team in a fast-paced environment.
• Proficiency in CRM software and MS Office Suite

𝐉𝐎𝐁 𝐑𝐄𝐒𝐏𝐎𝐍𝐒𝐈𝐁𝐈𝐋𝐈𝐓𝐈𝐄𝐒:

• Prospect and build relationships with potential clients to increase business.
• Leverage networking and cold calling to maintain a robust pipeline.
• Identify and connect with decision-makers within client organizations.
• Develop tailored proposals and participate in pricing discussions.
• Handle objections and negotiate effectively to reach positive outcomes.
• Present new products/services and enhance existing client relationships.
• Attend industry events to gather insights and identify sales opportunities.
• Monitor and ensure accurate portfolio administration and quality control.
• Recruit, train, and manage an efficient sales force to meet targets.
• Align sales activities with company goals and collaborate with supporting departments.